Analyst Ratings for Waters Corp. (WAT)

Updated: 2017-07-29

Analysts covering Waters Corp. (NYSE:WAT) have given it a consensus rating of Hold. About 30 days ago, WAT was issued an average rating of Overweight.

17 analysts issued ratings on the stock, where 4 gave WAT a buy rating, 2 issued an overweight rating, 9 issued a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Many analysts weighed in on price targets for WAT. The highest price target was 210, implying a possible profit of 20.61 percent. The most pessimistic price target was 164, which equates to a potential downside of -5.81 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.29 percent. That number becomes 0.29 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.68 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.75 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 8 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Also over the last month, 11 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

WAT has an estimated earnings growth rate of 12.01 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of WAT is 2.19.

In the trailing 52-weeks, WAT hit 187.65 at the highest peak, while it's lowest trading point was 133.35. Currently the stock is 30.57 percent higher than its low, and 7.22 percent lower than its 52-week high. WAT has a P/E ratio of 26.3. Investors typically compare the P/E ratio to a company's peers in the industry. The WAT value stock report compares WAT to some of its peers using value stock charts. The stock has a market capitalization of $13.86 billion. WAT's next earnings release will be on 0000-00-00, which is days away.